The club are struggling with excessive debt, including a sizeable sum owed in tax.
“Either we reach an agreement with the tax authority before the end of the year or we go into administration. We cannot wait any more,” Lendoiro said.
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Liverpool have unveiled their new home kit for next season, sticking with the hugely popular retro styling of the current shirt.
The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.